7027 Monroe Ave Hammond, IN 46324
Estimated payment $1,376/month
Total Views
1,123
4
Beds
1
Bath
1,280
Sq Ft
$152
Price per Sq Ft
Highlights
- No HOA
- Living Room
- Central Heating and Cooling System
- Neighborhood Views
About This Home
Opportunity knocks: Four bedroom fixer-upper with great potential in Hammond, Indiana. Four bedrooms, one bath, 5208 ft. lot built in 1942. Near I 80/9430 minutes to downtown Chicago. Welcome to a spacious four bedroom, one bath, single-family home, offering charm, solid bones, and incredible opportunity for customization. Whether your first time buyer, investor, or looking for a home to make your own, this property has a potential to shine with just a bit of vision and TLC. Fixer upper with recent updates this home feature some recent improvements, and is The perfect canvas for your next renovation project. The layout includes a main level bedroom and bathroom, unfinished basement with room to expand in a large upstairs area with two additional bedrooms. Prime location with growing value just 4 miles from the new South Shore line-Hammond Gateway station. Quick access to I 8094 for an easy 30 minute commute to Chicago. Close to shops, schools, and public transportation. Program eligibility adds major value. Homebound program eligible down payment assistance for qualified buyers. College-bound program eligible offers tuition assistance for residents with children pursuing college. Highlights spacious 5208 ft. lot. Solid 1940s construction with character. Main floor bedroom and bath for added convenience. Unfinished basement great for storage or additional living space. Potential for sweat equity or investment return. This is your chance to own a home in a rapidly developing area of Hammond, with city programs that make it even more affordable. Schedule a tour today and explore the possibilities!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,762
Year Built
- Built in 1942
Interior Spaces
- 1,280 Sq Ft Home
- 1.5-Story Property
- Living Room
- Neighborhood Views
- Basement
Kitchen
- Gas Range
- Range Hood
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Additional Features
- 5,208 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- George Zachau Park Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 450612429008000023
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,696 | $154,000 | $27,900 | $126,100 |
| 2023 | $3,762 | $140,100 | $27,900 | $112,200 |
| 2022 | $1,684 | $132,000 | $27,900 | $104,100 |
| 2021 | $1,196 | $97,800 | $16,500 | $81,300 |
| 2020 | $1,184 | $96,600 | $16,500 | $80,100 |
| 2019 | $1,255 | $91,300 | $16,500 | $74,800 |
| 2018 | $1,143 | $84,900 | $16,500 | $68,400 |
| 2017 | $1,138 | $80,700 | $16,500 | $64,200 |
| 2016 | $945 | $78,600 | $16,500 | $62,100 |
| 2014 | $1,193 | $91,800 | $16,500 | $75,300 |
| 2013 | $1,110 | $90,100 | $16,500 | $73,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | For Sale | $195,000 | -- | $152 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $90,000 | New Conventional | |
| Previous Owner | $87,000 | Fannie Mae Freddie Mac |
Source: Public Records
Similar Homes in Hammond, IN
Source: Northwest Indiana Association of REALTORS®
MLS Number: 826448
APN: 45-06-12-429-008.000-023
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Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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